Business
Airtel Africa begins $100m share buy-back

Airtel Africa names Gopal Vittal new chairman

  • 25th March 2026

SEC DG secures second term as IOSCO regional

  • 24th March 2026

FG launches national single window to cut port

  • 24th March 2026

Unilever Nigeria’s profit surges 128% to ₦51.7bn

  • 24th March 2026

Contact Info

Some Populer Post

Court orders final forfeiture of $13m linked to Lagos

featured News

Crude-for-naira: Dangote refinery gets only five of 15 cargoes,

Oil and Gas

Court nullifies CBN’s dissolution of Union Bank board

Banking
Fraud losses decline in Nigerian banks in Q1 2024 - Report

Nigerian banks raise ₦4.61trn ahead of recapitalisation deadline

Banking

Tag: World Bank

CBN extends old naira's validity indefinitely
News

How naira declined by 10% in 2022 – World Bank

The naira saw a record devaluation of 10.2% in 2022, according to data from the World Bank. The Punch reported that the World Bank recognized these factors as primary causes of inflationary pressures in the Sub-Saharan area, along with rising food and fuel prices globally and the depreciation of the exchange rate. The loan-granting financial […]

World Bank confirms Ajay Banga sole candidate for president
World

World Bank confirms Ajay Banga sole candidate for president

US national and former Mastercard Inc. chief, Ajay Banga, has been announced as the sole nominee for the position of the next President of the World Bank by the bank’s Board of Executive Directors. This comes after US President Joe Biden nominated him for the position in February. In a statement issued on Friday, the […]

Agribusiness featured

FG partners World bank on six-year livestock project

The Federal Government in collaboration with the World Bank have unveiled a six-year livestock development initiative.   The initiative, which is tagged: ‘Livestock Productivity and Resilience (L-PRES)’, is with the aim of upscaling production and curbing farmers/ herders’ crises.   The Nation reported that the Chief of Staff to the president, Professor Ibrahim Gambari, during […]

Naira fall'll worsen Nigeria’s food, energy crisis — W’Bank
featured

World Bank lowers economic outlook over predicted recession

The World Bank lowered its economic outlook on Tuesday as a result of a “perilous” near-recession experience. In contrast to the 3% growth it forecast in June, the BBC now projects that the global economy will expand by just 1.7% this year. The pandemic’s effects and Russia’s invasion of Ukraine are two things that the […]

Naira fall'll worsen Nigeria’s food, energy crisis — W’Bank
Economy

Global economy vulnerable to recession in 2023 – World Bank

The World Bank has warned that “even a moderate hit” could tip the global economy into recession in 2023.   The global financial institution made this known it’s recently published 2022 review, saying that the global economy is in its steepest slowdown since 1970 and that “consumer confidence (is) already suffering a much sharper decline […]

News

Nigeria needs N3.7 yearly to tackle poverty – World Bank

The World Bank has revealed that Nigeria would need to spend N3.7 trillion to end the country’s rising rate of poverty. This was noted by the financial institution in its synthesis report for the Nigeria Country Economic Memorandum: Charting a New Course, which was released earlier this month. The World Bank also pointed out that […]

Naira fall'll worsen Nigeria’s food, energy crisis — W’Bank
News

Debt: Zambia gets $100m from World Bank

  The World Bank announced on Wednesday that it would disburse $100 million for Zambia, despite significant delays in debt restructuring procedures as creditors drag their feet. According to The News Agency of Nigeria, Zambia received a 275 million USD grant from the World Bank in October to aid in its recovery from the COVID-19 […]

Economy

Nigeria to lose 123.4% revenue in 2023 – World Bank

The World Bank has projected a 123.4% deficit from the country’s revenue in 2023 as a result of debt servicing.   The international financial institution made this assertion via its Lead Economist for Nigeria, Alex Sienaert during a presentation titled: ‘Nigeria Public Finance Review: Fiscal Adjustment for Better and Sustainable Development Results.’ for the month […]

Agribusiness

Enugu farmers, SMEs benefit from World Bank’s project

Farmers, Small and Medium Enterprises and others have benefitted from the World Bank assisted Agro-Processing, Productivity Enhancement and Livelihood Improvement Support Project in Enugu State.   The Enugu State Deputy Governor, Mrs Cecilia Ezeilo, made this known during a two-day World Bank 9th Implementation Support Mission held in Enugu.   The News Agency of Nigeria […]

ICF
Appointments

IFC appoints new director for Africa

The International Finance Corporation of the World Bank Group on Tuesday appointed Sarvesh Suri as its new Regional Industry Director for Infrastructure and Natural Resources in Africa. In a statement, Suri, who brings more than 20 years of global investment and development expertise to his new role, will drive IFC’s strategy to connect more people […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in